Barnes Group, Inc. (B) financial statements (2021 and earlier)

Company profile

Business Address 123 MAIN ST
BRISTOL, CT 06010
State of Incorp. DE
Fiscal Year End December 31
SIC 349 - Miscellaneous Fabricated Metal Products (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7994101145668446
Cash and cash equivalents7994101145668446
Receivables251349382349287262276
Inventory, net of allowances, customer advances and progress billings238233266242228209212
Inventory238233266242228209212
Contract with customer, asset3322 
Disposal group, including discontinued operation 21     
Other undisclosed current assets41455733275754
Total current assets:642764806769608612588
Noncurrent Assets
Property, plant and equipment371357371359334309299
Intangible assets, net (including goodwill)1,5761,5141,5921,1971,1561,1161,150
Goodwill1,012933956690633588595
Intangible assets, net (excluding goodwill)564581637507522528555
Disposal group, including discontinued operation, noncurrent assets 28     
Deferred income tax assets2221
Other noncurrent assets65542028132426
Other undisclosed noncurrent assets  201225110
Total noncurrent assets:2,0341,9742,0031,5971,5291,4501,485
TOTAL ASSETS:2,6762,7382,8092,3662,1382,0622,074
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities291329350309269228320
Accounts payable1121191431281129795
Accrued liabilities179210207181157131161
Employee-related liabilities      42
Taxes payable      22
Debt28 733 9
Disposal group, including discontinued operation 5     
Deferred revenue and credits   25
Deferred tax liabilities    2
Other undisclosed current liabilities228  24(91)
Total current liabilities:295343358316302253265
Noncurrent Liabilities
Long-term debt and lease obligation2528936526468486496
Long-term debt, excluding current maturities  936526468486496
Finance lease, liability86
Operating lease, liability1621
Liabilities, other than long-term debt298300132111199196201
Pension and other postretirement defined benefit plans, liabilities115
Accounts payable and accrued liabilities5966     
Deferred tax liabilities, net  666270
Deferred income tax liabilities9288
Liability, pension and other postretirement and postemployment benefits989310489109113 
Disposal group, including discontinued operation, liabilities 7     
Other liabilities49452822232116
Total noncurrent liabilities:3233281,069636667682697
Total liabilities:6186701,426952969934962
Stockholders' equity
Stockholders' equity attributable to parent1,3831,2711,2031,2601,1681,1281,112
Common stock1111111
Treasury stock, value(517)(498)(442)(298)(252)(226)(169)
Additional paid in capital502489471457443428406
Accumulated other comprehensive loss(122)(210)(191)(106)(201)(143)(99)
Retained earnings1,5201,4891,3641,2071,1771,069975
Total stockholders' equity:1,3831,2711,2031,2601,1681,1281,112
Other undisclosed liabilities and equity675797180153   
TOTAL LIABILITIES AND EQUITY:2,6762,7382,8092,3662,1382,0622,074

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,1241,4911,4961,4361,2311,1941,262
Revenue, net1,4361,2311,1941,262
Cost of revenue
(Cost of Goods and Services Sold)
(721)(944)(964)(939)(790)(783)(830)
Gross profit:403547532497440411432
Operating expenses(280)(311)(301)(287)(248)(243)(311)
Other undisclosed operating income      59
Operating income:123236232210192168180
Nonoperating income (expense)(14)(15)(4)120(4)
Investment income, nonoperating(7)      
Foreign currency transaction gain (loss), before tax(2)(6)41  (1)
Other nonoperating income (expense)(6)(9)(7)(0)20(2)
Interest and debt expense(16)(21)(17)(15)(12)(11)(11)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes86(4)(1)  1
Income from continuing operations before income taxes:101207207196183158167
Income tax expense(38)(48)(41)(136)(47)(37)(46)
Income from continuing operations:6315816659136121121
Income from discontinued operations      0
Net income:6315816659136121121
Other undisclosed net loss attributable to parent      (2)
Net income available to common stockholders, diluted:6315816659136121118

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:6315816659136121121
Other comprehensive income (loss)88(20)(65)94(58)(44)(125)
Comprehensive income (loss):1521381011547878(5)
Other undisclosed comprehensive loss, net of tax, attributable to parent      (2)
Comprehensive income (loss), net of tax, attributable to parent:1521381011547878(7)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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